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Author Topic: 4K priced 199$, sold for 47.99$?!  (Read 4394 times)

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« on: June 11, 2020, 02:51 »
0
Global Partner Program, Limited License Program, and Optimized Marketplace Pricing are unchecked for months...

Aerial Italian vineyard sunset shot that is priced at 199$ (4K) has just been sold at 4K resolution for 47.99$, and i earned 19.20$ for 4K shot?!

What is this, does anybody know?

« Last Edit: June 11, 2020, 03:25 by skysense »


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« Reply #1 on: June 11, 2020, 03:09 »
+1
Global Partner Program.

Quote
The Global Partner Program allows you to distribute your work to a group of hand-selected resellers and high-volume customers who have not previously used our marketplace. Pond5 has officially signed eight hand-selected distribution partners, including a new partnership with Adobe, the industry-leader in creative desktop and mobile apps.

By participating in the Global Partner Program, Pond5 Artists will receive royalties comparable to selling directly through our partners, while also benefiting from unique sales and marketing opportunities, premium pricing, and the ability to earn additional royalties from enhanced license sales all through one upload to Pond5. As always, Pond5 artists will receive their industry-leading revenue share of all sales Pond5 generates from these collaborations.

If you are opted-in to our Global Partner Program, there is nothing additional you need to do to take advantage of this partnership. If you already contribute content to Adobe Stock or one of our other resellers, no action is needed, as they will be working to prevent duplication on their sites.


You can opt out in your settings if you'd like.

« Reply #2 on: June 11, 2020, 03:18 »
+1
I forgot to mention that all three options: Global Partner Program, Limited License Program, and Optimized Marketplace Pricing are unchecked for months...

Nice Pond5, really nice...

Ill write a complain now.


« Reply #3 on: June 11, 2020, 03:38 »
+1
Yes definitely some partner program. I got 6 of those yesterday and all 47.99(the were sold as HD not 4K) except one for 42.34$(HD), so net close to 20$. Not complaining. At Shutterstock my latest sales before disabling portfolio were between 0.60$ to 18$. Cannot imagine how it looks out there now. Adobe is bringing also some nice figures but so far P5 is the best of the two.

I forgot to mention that all three options: Global Partner Program, Limited License Program, and Optimized Marketplace Pricing are unchecked for months...

Nice Pond5, really nice...

Ill write a complain now.
« Last Edit: June 11, 2020, 03:44 by everest »

« Reply #4 on: June 11, 2020, 03:45 »
+1
Yes definitely some partner program. I got 6 of those yesterday and all 47.99 except one for 42.34$, so net close to 20$. Not complaining. At Shutterstock my latest sales before disabling portfolio were between 0.60$ to 18$. Cannot imagine how it looks out there now. Adobe is bringing also some nice figures but so far P5 is the best of the two.

I forgot to mention that all three options: Global Partner Program, Limited License Program, and Optimized Marketplace Pricing are unchecked for months...

Nice Pond5, really nice...

Ill write a complain now.

Well, you should write a complain if you opted-out of GPP, and stuff like that.
You should write it because if you let agency sell your files at whatever price they want eg. 4K 199$ fot 47$, and you get 40% of that 47% - that is not good man. It is very bad actually!

If its higher that SS currently, just wait for some time, you WILL see those 1.5$ and 0.6$ sales on Pond5 also.


« Reply #5 on: June 11, 2020, 04:30 »
+1
You are totally right that it is not Ok to sell your work on partner sites if you have those options unchecked and I hope they really backtrack and give you a good explanation for this mistake. I am opted in as they might be reaching markets that I don't (I am not at Vimeo, nor any asian footage agency etc). But always monitoring prices and commisions closely. When the day comes that it is not more lucrative to stay at P5 or Adobe I will disable/close my account the same way I just did with Shutter and the same way I never sent a single video file to Istock. This day has not come yet.

Yes definitely some partner program. I got 6 of those yesterday and all 47.99 except one for 42.34$, so net close to 20$. Not complaining. At Shutterstock my latest sales before disabling portfolio were between 0.60$ to 18$. Cannot imagine how it looks out there now. Adobe is bringing also some nice figures but so far P5 is the best of the two.

I forgot to mention that all three options: Global Partner Program, Limited License Program, and Optimized Marketplace Pricing are unchecked for months...

Nice Pond5, really nice...

Ill write a complain now.

Well, you should write a complain if you opted-out of GPP, and stuff like that.
You should write it because if you let agency sell your files at whatever price they want eg. 4K 199$ fot 47$, and you get 40% of that 47% - that is not good man. It is very bad actually!

If its higher that SS currently, just wait for some time, you WILL see those 1.5$ and 0.6$ sales on Pond5 also.

« Reply #6 on: June 11, 2020, 04:45 »
0
You are totally right that it is not Ok to sell your work on partner sites if you have those options unchecked and I hope they really backtrack and give you a good explanation for this mistake. I am opted in as they might be reaching markets that I don't (I am not at Vimeo, nor any asian footage agency etc). But always monitoring prices and commisions closely. When the day comes that it is not more lucrative to stay at P5 or Adobe I will disable/close my account the same way I just did with Shutter and the same way I never sent a single video file to Istock. This day has not come yet.

Yes definitely some partner program. I got 6 of those yesterday and all 47.99 except one for 42.34$, so net close to 20$. Not complaining. At Shutterstock my latest sales before disabling portfolio were between 0.60$ to 18$. Cannot imagine how it looks out there now. Adobe is bringing also some nice figures but so far P5 is the best of the two.

I forgot to mention that all three options: Global Partner Program, Limited License Program, and Optimized Marketplace Pricing are unchecked for months...

Nice Pond5, really nice...

Ill write a complain now.

Well, you should write a complain if you opted-out of GPP, and stuff like that.
You should write it because if you let agency sell your files at whatever price they want eg. 4K 199$ fot 47$, and you get 40% of that 47% - that is not good man. It is very bad actually!

If its higher that SS currently, just wait for some time, you WILL see those 1.5$ and 0.6$ sales on Pond5 also.

When that day comes, my friend, you will stop earning from stock footage, you and everybody else. So, all hard work will be gone.

« Reply #7 on: June 11, 2020, 04:49 »
0
I forgot to mention that all three options: Global Partner Program, Limited License Program, and Optimized Marketplace Pricing are unchecked for months...

Nice Pond5, really nice...

Ill write a complain now.

Instead of complaining, let's first take a closer look.

The GPP sales are from November-May (at the latest, could even be several months before November depending on the global delay), so, unless "unchecked for months" means BEFORE November 2019, it is all perfectly in order.
« Last Edit: June 11, 2020, 04:54 by increasingdifficulty »

« Reply #8 on: June 11, 2020, 05:00 »
0
I forgot to mention that all three options: Global Partner Program, Limited License Program, and Optimized Marketplace Pricing are unchecked for months...

Nice Pond5, really nice...

Ill write a complain now.

Instead of complaining, let's first take a closer look.

The GPP sales are from November-May (at the latest, could even be several months before November depending on the global delay), so, unless "unchecked for months" means BEFORE November 2019, it is all perfectly in order.

So you want to say that this purchase happened months ago and it showed up in my account today?!

And what does it means GPP sales are from November until May? They happen only in this period?
« Last Edit: June 11, 2020, 05:07 by skysense »

« Reply #9 on: June 11, 2020, 05:12 »
+1
I forgot to mention that all three options: Global Partner Program, Limited License Program, and Optimized Marketplace Pricing are unchecked for months...

Nice Pond5, really nice...

Ill write a complain now.

Instead of complaining, let's first take a closer look.

The GPP sales are from November-May (at the latest, could even be several months before November depending on the global delay), so, unless "unchecked for months" means BEFORE November 2019, it is all perfectly in order.

So you want to say that this purchase happened months ago and it showed up in my account today?!

Yes, that is exactly what I want to say.

We only get GPP reports every 6 months (give or take), and they are for sales going back at least 6 months. First, they get the reports from all the companies they work with, and then send out the payments to us.

This is why the delay is actually likely to be MORE than 6 months, maybe even up to 9 months. It of course depends on the delay from all of the global companies in the first place, and how long it takes to put together a detailed list for us.

But we can be sure that it AT LEAST covers sales from November, since the last GPP report was in November. More likely, however, even sales from September-October may be included here.
« Last Edit: June 11, 2020, 05:16 by increasingdifficulty »

« Reply #10 on: June 11, 2020, 05:32 »
0
I forgot to mention that all three options: Global Partner Program, Limited License Program, and Optimized Marketplace Pricing are unchecked for months...

Nice Pond5, really nice...

Ill write a complain now.

Instead of complaining, let's first take a closer look.

The GPP sales are from November-May (at the latest, could even be several months before November depending on the global delay), so, unless "unchecked for months" means BEFORE November 2019, it is all perfectly in order.

So you want to say that this purchase happened months ago and it showed up in my account today?!

Yes, that is exactly what I want to say.

We only get GPP reports every 6 months (give or take), and they are for sales going back at least 6 months. First, they get the reports from all the companies they work with, and then send out the payments to us.

This is why the delay is actually likely to be MORE than 6 months, maybe even up to 9 months. It of course depends on the delay from all of the global companies in the first place, and how long it takes to put together a detailed list for us.

But we can be sure that it AT LEAST covers sales from November, since the last GPP report was in November. More likely, however, even sales from September-October may be included here.

Ok, i understand now. Thank you. Just sad i didnt opt-out earlier than. Anyway it is a shame selling 4K footage for 47.99.

I my opinion all the people that still opt-in this kind of sales actually support low earnings (more low earnings doesn't mean they will earn more money), and shutterstock way of seeing things.

Mindset "something is better than nothing" will just lead us into shutterstock 1.5$, and 0.6$ earnings (which from January 1 will ne 0.75$ and 0.3$ per video clip).

People opt-out of this kind of licenses while we still can. 5$ per video clip is unsustainable, imagine what 0.3$ will do to you.

Pond5, and Adobe WILL follow shutterstock way if we don't raise our voice.

Join the group to do so: https://www.facebook.com/groups/261369748434285/?fref=nf     (Its not mine, its Stock submitter coalition that emerged from this SS situiation).

All the best!


 

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